Deere & Company company profile
- CEO
- John C. May
- Employees
- 73,100
- Headquarters
- One John Deere Place, Moline, IL 61265, US
- Sector
- Industrials
- Industry
- Agricultural - Machinery
- IPO date
- 1 Jun 1972
- Stock exchange
- NYSE
- ISIN
- US2441991054
Website:deere.com
About the company
Deere & Company is a global manufacturer and distributor of a wide range of equipment. The company's operations are organized into four primary business segments: Production and Precision Agriculture, Small Agriculture and Turf, Construction and Forestry, and Financial Services. The Production and Precision Agriculture segment focuses on large-scale farming and advanced agricultural practices, offering medium-sized tractors, various harvesting machinery (including combines, cotton pickers, and sugarcane harvesters), front-end harvesting tools, sugarcane loaders, pull-behind scrapers, and essential tillage and seeding implements. It also supplies specialized application equipment like sprayers and nutrient management systems, along with soil preparation machinery, primarily serving grain growers. The Small Agriculture and Turf segment caters to smaller farming needs and land maintenance. Its product line includes utility tractors along with their complementary loaders and attachments. This segment also provides an extensive selection of turf and utility equipment, suchg as riding and commercial lawnmowers, specialized golf course maintenance machinery, and utility vehicles. Additionally, it offers various implements for tasks like mowing, tilling, snow removal, aerating, and general turf care across residential, commercial, golf, and sports environments, alongside other outdoor power products and hay and forage equipment. This division also resells products from other manufacturers. Its customer base includes dairy and livestock farmers, other crop producers, and general turf and utility clients. The Construction and Forestry segment delivers a comprehensive suite of heavy machinery for construction and logging. This includes earthmoving and roadbuilding equipment such as backhoe loaders, crawler dozers and loaders, four-wheel-drive loaders, excavators, motor graders, articulated dump trucks, landscape and skid-steer loaders, milling machines, pavers, compactors, rollers, crushers, screens, and asphalt plants. For forestry operations, it supplies log skidders, feller bunchers, log loaders and forwarders, and log harvesters, in addition to various attachments for all its machinery. Lastly, the Financial Services segment provides funding solutions to facilitate the sale and leasing of agriculture and turf, as well as construction and forestry equipment. It extends wholesale financing to dealers stocking these product lines, offers extended equipment warranties, and manages retail revolving charge accounts for end-users. Established in 1837, Deere & Company has its corporate headquarters situated in Moline, Illinois.
Employees
Deere & Company had about 73,100 employees at the end of fiscal year 2025 (2 November 2025), by its annual report. That is 3.6% fewer than a year before.
Employees at each fiscal year end, as the company reports them in its annual report (10-K); revenue and net income per employee are the fiscal year's over that count.
Who owns Deere & Company
Institutions such as funds, banks and insurers held 75.9% of Deere & Company's shares on 30 June 2026, 2,760 of them reporting holdings to the SEC; the rest is held by individual investors and other shareholders.
Shares free to trade
Closely held shares belong to insiders, founders and owners of more than 5%, and seldom change hands. The free float is the rest: the shares anyone can buy and sell.
How Deere & Company pays its executives
The chief executive was paid 27.93M USD for fiscal 2025, 65% of it in shares and options.
| Name and position | Salary | Stock awards | Option awards | Cash incentive | Other pay | Total pay |
|---|---|---|---|---|---|---|
| John C. May Chairman, Chief Executive Officer, and President | 1.69M USD | 13.95M USD | 4.26M USD | 5.45M USD | 2.57M USD | 27.93M USD |
| Ryan D. Campbell President, Worldwide Construction | 989.70K USD | 3.39M USD | 1.04M USD | 1.59M USD | 685.08K USD | 7.69M USD |
| Rajesh Kalathur President, John Deere Financial, and Chief Information Officer | 982.52K USD | 3.24M USD | 990.04K USD | 1.58M USD | 857.75K USD | 7.66M USD |
| Deanna M. Kovar President, Worldwide Agriculture & Turf Division, Production & Precision Ag, Sales and Marketing Regions of the Americas and Australia | 932.64K USD | 3.24M USD | 990.04K USD | 1.50M USD | 776.99K USD | 7.44M USD |
| Joshua A. Jepsen Senior Vice President and Chief Financial Officer | 940.72K USD | 3.39M USD | 1.04M USD | 1.51M USD | 511.73K USD | 7.39M USD |
FY2025 · From the company's proxy statements to the SEC: what each named executive was paid for the fiscal year, shares and options at their value when granted. The latest filing
Common questions about Deere & Company
Source: Financial Modeling Prep
